Deutsche Hypo refinances cross-border portfolio for GLP Capital Partners

Deutsche Hypo – NORD/LB Real Estate Finance, a commercial real estate financier, is to refinance the acquisition costs of three logistics properties leased on a long-term basis on behalf of GLP Capital Partners. The term of the financing is five years. The new buildings are modern, third-party logistics warehouses, located in Germany, the Netherlands and France.

GLP Capital Partners is a global manager for alternative investments with approximately $125 billion in assets under management.

“The cross-border financing in three jurisdictions is a novelty for Deutsche Hypo – NORD/LB Real Estate Finance,” explains Georg Richard König, Deutsche Hypo – NORD/LB Real Estate   Financial Solutions. “We are pleased to have gained GLP Capital Partners, one of the leading global logistics investors, as a new customer and to be able to support them with our expertise in real estate financing in national and international markets.”